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Genco Shipping & Trading Adds Two Vessels to its Fleet

Aug 15, 2018

Genco Shipping & Trading  announced that it has taken delivery of the Genco Endeavour and the Genco Resolute, both of which are 2015-built 180,000 dwt Capesize vessels.The Genco Endeavour and the Genco Resolute are the second and third of six…

White House Condemns Turkey's Tariffs on US Imports

Aug 15, 2018

The White House on Wednesday condemned Turkey's doubling of tariffs on U.S. cars, alcohol and tobacco imports, calling the action 'a step in the wrong direction.'Turkey took the action in response to what it called the Trump's administration's attack on its economy…

Port of LA Reports Busiest July Ever

Aug 15, 2018

The Port of Los Angeles processed 833,568 Twenty-Foot Equivalent Units (TEUs) last month, the busiest July in the port’s 111-year history. The cargo volumes exceeded July 2017, the previous record, by 4.6 percent. It was the fourth busiest month overall in the port’s history…

Port of Oakland July Container Volume up 3.6%

Aug 15, 2018

Port of Oakland total container volume increased 3.6 percent in July, according to data released. The Port said the rise over July 2017 totals was driven by an increase in empty container shipments to Asia.Import cargo volume declined 0.6 percent in July…

Vard Selected to Build Autonomous Ship Yara Birkeland

Aug 15, 2018

Norwegian shipbuilder VARD has secured a contract worth approximately NOK 250 million ($29.5 million) to build the world’s first autonomous and electric container vessel, Yara Birkeland. VARD will deliver the groundbreaking ship for launch in early 2020…

Key Seaway Commodities See Growth in July

Aug 15, 2018

St. Lawrence Seaway traffic remained steady during the month of July, with year-to-date total cargo shipments of 16.5 million metric tons. Total transits were up by 2.5 percent from the same time last year.Top performing cargoes through July 2018 include:•Coal – 308…

XLProjects Gains ISS in United Arab Emirates

Aug 15, 2018

Inchcape Shipping Services (ISS) serves Dubai with regular scheduled airfreight consolidations, handling a wide variety of cargo’s with the greatest ease. Their logistics professionals specialize in servicing all your airfreight needs, from…

Strong July Across Great Lakes Gets Seaway Tonnage

Aug 15, 2018

Great Lakes-St. Lawrence shipping continues to bounce back after a slow start. With strong tonnage numbers in July, particularly shipments of U.S. grain, liquid bulk and project cargo, the 2018 shipping season is right on par with the healthy statistics posted last year…

Intermarine UK Investment Boosts Portland Port Activities

Aug 15, 2018

UK-based Portland Port leverages new fabrication and welding facility to win a bigger share of ship repair, refit, conversion and shipbuilding markets.Polish-owned maritime engineering company Intermarine UK has unveiled major growth plans after investing a six-figure sum in a new 2…

MarAd Awards $2.5 Mln Grant to Port of New Orleans

Aug 15, 2018

The Port of New Orleans (Port NOLA) has been awarded a $2.5 million U.S. Maritime Administration (MARAD) grant to support the current container-on-barge shuttle service operated by SEACOR AMH between New Orleans, Baton Rouge and Memphis, and…

Video: Philly's New Port Cranes Go to Work

Aug 15, 2018

The first two super post-Panamax cranes at the Port of Philadelphia (PhilaPort) worked their first Neopanamax vessel – the 12,217 TEU MSC Shreya B – at Packer Avenue Marine Terminal on Sunday, August 5, 2018.The new gantry cranes, manufactured in China by Shanghai Zhenhua Heavy Industry Co…

BP Offloads Last Two Stranded Oil Cargoes in China

Aug 15, 2018

Oil major BP on Tuesday offloaded about 1 million barrels of Angolan crude from supertanker Olympic Light to an independent Chinese refiner after holding the oil at sea for about three months, people with knowledge of the discharge said on Wednesday…

Danaos Corporation Slashes Debt

Aug 14, 2018

Danaos Corporation, a leading international owner of containerships, has announced the consummation of its previously announced debt refinancing , significantly strengthening the Company's capital structure and reducing its outstanding debt by approximately USD 551 million…

APM Terminals Bahrain Opens New Online Platform

Aug 14, 2018

APM Terminals Bahrain has launched the 'Lift' portal which allows customers to track and trace their goods, check the status of shipments and vessels and schedule deliveries - 24 hours per day, seven days a week.Lift works to optimize operations…

Ampelmann Wins North Sea Contracts

Aug 14, 2018

Ampelmann has strengthened its position in the North Sea this year after being awarded four new contracts and two extended scopes of work in the basin.The projects will see six E-type gangway systems deployed for planned shutdown campaigns and…

Logistics News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

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France claims it diverted a British fishing boat to French waters without the correct license
India and Pakistan both extend the airspace closures to each other's airline in a tit-fortat move
Documents show that Niger intends to reduce Chinese oil workers